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30Oct

[Video] 31 Days to a More Effective Compliance Program- Why Business Ventures are Different than 3rd Parties

Business ventures, whether JVs, partnerships, franchises, team agreements, strategic alliances or one of the myriad types of business relationships a U.S. company can form outside the U.S., are different than the usual risk presented by third-parties under compliance requirements such as those mandated by the FCPA. The problems for companies is that they tend to treat business venture risk the same as third-party risk. They are different and must be managed differently. The bottom line is...
By: Thomas Fox
Source Url: https://www.jdsupra.com/legalnews/31-days-to-a-more-effective-compliance-p-57734/

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